TADAWUL:8230 Income Statement

Financials in millions SAR. Fiscal year is January - December.

Millions SAR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Premiums & Annuity Revenue	4,820	4,529	3,409	2,470	2,261	2,333
Total Interest & Dividend Income	354.97	-64.68	85.37	122.32	13.51	7.7
Gain (Loss) on Sale of Investments	-90.73	352.71	114.01	-12.48	17.58	14.05
Other Revenue	-	-	-	-	94.38	83.18
Total Revenue	5,084	4,817	3,609	2,580	2,387	2,438
Revenue Growth (YoY)	11.34%	33.48%	39.88%	8.11%	-2.11%	-11.20%
Policy Benefits	4,536	4,307	3,091	2,411	1,773	1,647
Policy Acquisition & Underwriting Costs	-	-	-	-	203.25	173.61
Selling, General & Administrative	-	-	-	-	289.91	298.02
Provision for Bad Debts	-	-	-	-	-5.75	44.14
Other Operating Expenses	132.67	125.69	104.37	98.74	10.7	23.59
Total Operating Expenses	4,669	4,433	3,195	2,510	2,271	2,186
Operating Income	414.97	384.34	413.76	69.92	115.38	251.85
Interest Expense	-68.13	-68.13	-76.35	-	-	-
Other Non Operating Income (Expenses)	13.1	13.1	0.09	12.73	-	-
Pretax Income	359.94	329.31	337.5	82.64	115.38	251.85
Income Tax Expense	22.99	-3.03	9.44	10.25	16.91	24.8
Net Income	336.95	332.34	328.06	72.39	98.47	227.05
Net Income to Common	336.95	332.34	328.06	72.39	98.47	227.05
Net Income Growth	-14.13%	1.31%	353.18%	-26.48%	-56.63%	163.44%
Shares Outstanding (Basic)	100	100	100	100	100	100
Shares Outstanding (Diluted)	100	100	100	100	100	100
EPS (Basic)	3.37	3.32	3.28	0.72	0.98	2.27
EPS (Diluted)	3.37	3.32	3.28	0.72	0.98	2.27
EPS Growth	-14.13%	1.31%	353.18%	-26.48%	-56.63%	163.44%
Free Cash Flow	-609.76	-464.25	1,001	441.79	144.95	347.21
Free Cash Flow Per Share	-6.10	-4.64	10.01	4.42	1.45	3.47
Operating Margin	8.16%	7.98%	11.46%	2.71%	4.83%	10.33%
Profit Margin	6.63%	6.90%	9.09%	2.81%	4.13%	9.31%
Free Cash Flow Margin	-11.99%	-9.64%	27.73%	17.12%	6.07%	14.24%
EBITDA	432.31	398.71	444.83	93.82	129.34	260.96
EBITDA Margin	8.50%	8.28%	12.33%	3.64%	5.42%	10.70%
D&A For EBITDA	17.35	14.37	31.07	23.91	13.96	9.11
EBIT	414.97	384.34	413.76	69.92	115.38	251.85
EBIT Margin	8.16%	7.98%	11.46%	2.71%	4.83%	10.33%
Effective Tax Rate	6.39%	-	2.80%	12.40%	14.66%	9.85%
Revenue as Reported	-	-	-	-	-	2,359

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.